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...Despite the fact that the country is drinking less beer, Belgium has cemented its global brewing reputation with an effective export strategy: in 2007, 57% of the beer produced in the country was exported, up from 37% in 2000 and 7% in 1970. But global sales have taken a hit in the recession, particularly in emerging markets like Brazil and Russia, which had been the cornerstones of the company's business in recent years. (See pictures of the Oktoberfest beer festival...

Author: /time Magazine | Title: Running Dry: Belgium's Looming Beer Crisis | 1/21/2010 | See Source »

...Except for a few recent breakouts - Roberto Bolańo, Stieg Larsson, Per Petterson - translated authors tend to deliver anemic sales, which makes mainstream American publishers loath to gamble on them. And Bolańo and Larsson were dead (both prematurely, at the age of 50) by the time their books hit big in the States. This is not a great incentive to break into the marketplace...

Author: /time Magazine | Title: From Europe with Love | 1/21/2010 | See Source »

...Scott K. Ruescher, the staff member on the trip. Grandparents of students came to the schools to share stories about the history of their municipality as they saw it through their eyes—including a recollection of a train that ran through the city just before an earthquake hit and destroyed the tracks—and the children, with help from a local children’s book illustrator, translated the stories into paintings on a wall adjacent to the library being erected at the time...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: GSE Students Bring Books To Caluco | 1/21/2010 | See Source »

This investment trend, which flourished from 2005 until the financial crisis hit in 2008, threatened a cherished pillar of urban policy - affordable housing, which has long been regarded as essential for maintaining vibrant diversity in our cities. The victims are among the huge numbers of Americans (estimated at close to 100 million before the latest housing boom promoting homeownership) who rent their primary residences - poor, working-class and even middle-class folks - who have been overshadowed in the deluge of media coverage of the debacle in single-family housing. (Affordable housing refers to that costing no more than a third...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

China has several advantages over Haiti when it comes to reconstruction. While China's disaster affected millions of people, the destruction was concentrated in rural areas and smaller towns, not a dense city. The mountainous parts of Sichuan and surrounding provinces hit by the 2008 quake are poor, not destitute, and they all had a basic level of food and water supplies, access to medicine and health care, and transportation and communications infrastructure. When much of that was wiped out by the quake, China's central government responded quickly, sending tens of thousands of soldiers and paramilitary troops...

Author: /time Magazine | Title: Haiti and China: A Tale of Two Earthquakes | 1/19/2010 | See Source »

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